Canada adds 24,900 jobs in November, but unemployment rate ticks up ...Middle East

December 01, 2023 Employment in Canada rose by 24,900 jobs in November to a total of 20.3 million, Statistics Canada reported today. Employment gains were all in full-time work, which added 59,600 jobs, while the country lost 34,700 part-time jobs. Canada’s unemployment rate edged up to 5.8% in November from 5.7% in October, continuing an upward trend observed since April. Employment increased more than the 15,000 forecast its poll of analysts, but not enough to change expectations for a hold on interest rates next week, Reuters reported. Among industries, manufacturing added 28,400 jobs in November, while construction added 16,200. Industries with declines in employment included wholes

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